Saudi Awwal Bank Dividends and Buybacks
Dividend criteria checks 5/6
Saudi Awwal Bank is a dividend paying company with a current yield of 6.03% that is well covered by earnings.
Key information
6.0%
Dividend yield
-5.6%
Buyback Yield
| Total Shareholder Yield | 0.4% |
| Future Dividend Yield | 6.8% |
| Dividend Growth | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.س2.000 |
| Payout ratio | 54% |
Recent dividend and buyback updates
Saudi Awwal Bank (TADAWUL:1060) Has Announced That It Will Be Increasing Its Dividend To SAR1.00
Aug 16
Saudi Awwal Bank (TADAWUL:1060) Is Increasing Its Dividend To SAR0.98
Apr 26Saudi Awwal Bank (TADAWUL:1060) Is Increasing Its Dividend To SAR0.98
Apr 07Recent updates
Saudi Awwal Bank (TADAWUL:1060) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
Nov 10Saudi Awwal Bank (TADAWUL:1060) Has Announced That It Will Be Increasing Its Dividend To SAR1.00
Aug 16We Ran A Stock Scan For Earnings Growth And Saudi Awwal Bank (TADAWUL:1060) Passed With Ease
Jun 19Saudi Awwal Bank (TADAWUL:1060) Is Increasing Its Dividend To SAR0.98
Apr 26Saudi Awwal Bank (TADAWUL:1060) Is Increasing Its Dividend To SAR0.98
Apr 07Is Now The Time To Put Saudi Awwal Bank (TADAWUL:1060) On Your Watchlist?
Feb 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1060's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1060's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Saudi Awwal Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1060) | 6.0% |
| Market Bottom 25% (SA) | 1.7% |
| Market Top 25% (SA) | 4.7% |
| Industry Average (Banks) | 4.2% |
| Analyst forecast (1060) (up to 3 years) | 6.8% |
Notable Dividend: 1060's dividend (6.03%) is higher than the bottom 25% of dividend payers in the SA market (1.69%).
High Dividend: 1060's dividend (6.03%) is in the top 25% of dividend payers in the SA market (4.74%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.7%), 1060's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1060's dividends in 3 years are forecast to be covered by earnings (54.5% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 15:40 |
| End of Day Share Price | 2024/12/29 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Saudi Awwal Bank is covered by 20 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |
| Abanob Magdy | Beltone Financial |
| Olga Veselova | BofA Global Research |